Opportunities to improve your financial picture.
4BestSolar can help you identify funding options for your solar initiative why we design the perfect solar energy system for your business. While there are tradiitonal lending options, we can also introduce you to alternative financing and expedite securing your loan. For instance, you can take advantage of the 1603 tax credit, which has largely been responsible for expanding renewable energy efforts in this country.
The 1603 Tax Credit
A U.S. Treasury program creates flexibility for funding renewable energy projects.Companies in New Jersey have responded so well to this resource that the State is ranked second in the nation for grant-related solar projects.
NJ SREC Program
An SREC, or Solar Renewable Energy Certificate is a tradable certificate that represents all the clean energy benefits of electricity generated from your solar electric system. An SREC can be sold or traded separately from the power. It is issued once a solar facility has generated 1,000 kWh, through either estimated or acutal metered production. 4BestSolar can monitor your system and facilitate the sale of your SRECs, thereby keeping the administration of your system virtually effortless.
